Feb 1, 2017
Valero Energy’s quarterly profit gets boost from ethanol arm
Other News
Feb 1, 2017
US crude oil production is set to increase from an average of 8.9 million barrels per day (b/d) in 2016 to an average of 9.3 million b/d in 2018, primarily as a result of gains in the major US tight oil-producing states, according to US Energy Information Administration’s (EIA) January Short-Term Energy Outlook.
Texas, North Dakota, Oklahoma, and New Mexico... [Read More]
Other News
Feb 1, 2017
A new study shows Nova Scotia has strong potential to develop an innovative biorefinery that produces an advanced biofuels from renewable sources of fibre.
The liquid biofuel could be used to heat homes and power marine vessels, among other potential uses, according to a study done by Nova Scotia's Innovation Hub, an industrial, applied-research initiative. The study,... [Read More]
Other News
Feb 1, 2017
US ethanol exports to China, which were at an all-time high in 2016, are likely to dry up in the coming year thanks to a 30% import tariff, industry sources told Platts.
“You’re not going to get the trade flow to happen,” an analyst at a biofuels trading company told the energy market information provider. “You’re not going to be able to export... [Read More]
Biodiesel News
Feb 1, 2017
A Washington man was sentenced this week for laundering more than $39 million for a company that bilked federal programs supporting renewable energy, according to Tri-City Herald.
Richard Estes, 77, was part of a conspiracy involving Pasco-based Gen-X Energy Group.
US District Court Judge Salvador Mendoza, Jr. sentenced him to eight years and nine months in prison after... [Read More]
Other News
Feb 1, 2017
Finnish renewable diesel Neste has sold its terminal in Pietarsaari to the Swedish company Wibax.
The terminal has not been used for Neste's own operations for many years because the tanks and other facilities are not suitable for storing oil products without investments.
Neste has been offering terminal and operations services for chemicals to a third-party customer.
The... [Read More]
Other News
Feb 1, 2017
Jeremey Roswell, a UK-based pilot and environmentalist, has made history by flying a light aircraft more than 500 miles from Sydney to Melbourne, Australia, using fuel made from plastic waste.
Conventional fuel was blended with 10% of fuel made from end-of-life plastic waste. UK-headquartered firm Plastic Energy manufactures the fuel.
The main aim of the ‘On Wings... [Read More]
Bioethanol News
Jan 31, 2017
Emily Skor, CEO at Growth Energy, gives her outlook for the year ahead.
2016 was a game-changing year for America’s biofuel industry. From exports to the production of cellulosic biofuels, we set a new pace for success. And for the first time in years, the
Environmental Protection Agency (EPA) announced targets for conventional ethanol consumption that meet the goals... [Read More]
Other News
Jan 31, 2017
Britain is falling behind on its commitments to meet its 2020 renewable energy targets, while the European Union overall remains on track, according to a report by Reuters this morning.
Other nations identified by the Commission as falling behind are Luxembourg and Ireland.
Targets are set by the EU’s Renewable Energy Directive (RED), introduced in 2009. The United... [Read More]
Biodiesel News
Jan 30, 2017
Finnish forest industry company UPM has featured on news programme CNN espousing the benefits of using biofuels.
In an Eco Solutions programme entitled ‘The sustainable fuel growing on trees’, UPM Biofuels’ vice president Sari Mannonen discussed the process of making its wood-based diesel fuel – UPM BioVerno diesel.
UPM BioVerno is a local, Finnish... [Read More]
Biodiesel News
Jan 30, 2017
Indonesia’s Coordinating Minister of Maritime Affairs, Luhut Binsar Panjaitan, has said the country will reduce imports and promote the use of palm oil usage for biofuels to reduce its dependency on other countries, due to an uncertain global environment.
According to local website netralnews.com, Panjaitan said Indonesia must be read to face changes in a current... [Read More]
Biodiesel News
Jan 27, 2017
The global biodiesel market is projected to reach a total worth of $41.18 billion (€38.45bn) by 2021, growing at a compound annual growth rate of 3.8%.
A new study by RnR Market Research states biodiesel’s non-toxic and environmentally friendly properties, along with its greenhouse gas (GHG) reductions, will increase its demand in automotive, power generation,... [Read More]
Policy News
Jan 27, 2017
Carl Icahn, US President Donald Trump’s special adviser on regulatory reform, is facing a conflict of interest scrutiny after the shares of an energy company owned by him doubled in value.
The shares of CVR Energy have surged after projections that the new administration would ease environmental regulations, including the Renewable Fuel Standard (RFS) that has cost... [Read More]
Other News
Jan 26, 2017
The number of cars made in the UK reached a 17-year high last year, according to the UK’s Society of Motor Manufacturers and Traders (SMMT)
About 1.7 million cars rolled off production lines in 2016, a rise of 8.5% on the year before.
The Society of Motor Manufacturers and Traders (SMMT) added that exports rose 10.3% to 1.35 million vehicles, a record for the... [Read More]
Other News
Jan 26, 2017
Europe’s renewable energy policy needs more of a “realistic mix of renewable energy solutions” and needs to move away from depending on oil if it wants to achieve its goal of decarbonising EU transport, according to speakers at a recent debate.
Experts from the ethanol industry and the energy sector attended the POLITICO conference - Decarbonising... [Read More]
Other News
Jan 26, 2017
UK-based gas-to-liquids (GTL) company Velocys has announced that it has signed a memorandum of understanding (MoU) with ThermoChem Recovery International (TRI), establishing a strategic alliance.
TRI will be Velocys’ preferred supplier of gasification systems for its biomass-to-liquids (BTL) plants. The agreement will see the alliance partners rapidly deploy an integrated... [Read More]
Bioethanol News
Jan 26, 2017
A Hawaii renewable energy company is planning to export biofuels to a South Korean company that supplies electricity to the island nation.
According to West Hawaii Today, Hawaii-based Lamplighter Energy in Hawaii will announce the agreement with Hanbo Energy Korea at the state Capitol next week Tuesday (31 January, 2017).
Lamplighter CEO Andre De Rosa said the company... [Read More]
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